Question:
 Do I have to pay zakat on my property?

Answer: 

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

In essence, only the following categories are zakātable:
1)     Gold and silver
2)     Cash
3)     Merchandise
4)     Agricultural products
5)     Animals and livestock

 Personal belongings such as a house, car and clothes are not subject to zakāt.[1] 

And Allah Ta’āla Knows Best

Mufti Faraz Adam,
www.darulfiqh.com